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English
20
th
May, 2003
Notification No. 50/2003 - Central Excise (N.T.)
Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of
excise (including non-levy thereof) under section 3 of the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the
said Act), on cotton yarn falling under heading No.52.03 of the Schedule to Central Excise Tariff Act, 1985 (5 of 1986), in the
form of cops, cones and in other forms falling under said heading, sent outside the factory for conversion into plain straight reel
hanks and that such cotton yarn was liable to duty of excise which was not being levied according to the said practice during
the period commencing on the 1
st
March, 1986 and ending with 28
th
February, 1992;
Now, therefore, in exercise of the powers conferred by section 11C of the said Act, the Central Government hereby directs that
the duty of excise payable on the said cotton yarn in the forms of cops, cones and in other forms falling under said heading,
sent outside the factory for conversion into plain straight reel hanks, but for the practice, shall not be required to be paid in
respect of such cotton yarn on which the said duty of excise was not being levied during the aforesaid period in accordance
with the said practice.
Suraksha Katiyar
Under Secretary o the Government of India
F.No.55/9/90-CX.1
notifications no 50 2003 ce n t | iKargos